Loading ...They can’t get enough of the shares. They know these metals are headed much higher.
Shorts got sucked in yesterday afternoon and this am. They thought these were the old days. I did too. 🙂
I think the boos will be historic
NFL chooses crossdressing leftwing activist from Puerto Rico to play Super Bowl LX Halftime Show
What happens when you let the Muslims in …
Some schools in Germany will not have music lessons because they don’t want to offend sensibilities of Muslims, who consider music a grave sin. It sounds like a joke but it’s not.
Finally time to give some back
Despite the dollar and rates soft, things reversed course in the overnights sometime between 2 – 3 am eastern.
Most everything is down as well, SM, Bitcoin and oil. Oil getting hit for 1.5%
Silver taking the hardest hit, down $.56 but still above $46, gold only down $15, but still above $3800. PM shares are pretty weak. We could tell with the way NEM and B acted yesterday that we were probably going to pull back. The fight for HUI 600 is on.
We’ll see how far they let them fall before the buyers step back in. Hard to say because we are so overbought.
Let the games begin.
Looks like this is the big one…..
Government Sucks talking $ 6,600 for AU….then boom …the hit comes, right at Month and Quarter end……Looks like they are all in on this one…and why has the SM never seen this kind of blatant manipulation……this might be an epic sell off…
Ferrett
That’s crazy and don’t let him get away with his so called proposals. I wonder if you could get Musk to Doge them and find out just how much tax dollars are being misused and mismanaged. They need to stop being on the defensive and go on the offensive or they’ll just pizz that money away too and come back for more.
Back in the seventies,
The top rate of income tax was 83%. But then there was an investment income surcharge which was obviously not a tax because it’s called a surcharge, so if you had high income and investment income your tax rate was 98%. That was before VAT was introduced. In Sweden, the tax rate was 102%, so I guess the limeys were lucky.
Now you’ve got 20% VAT on what you spend, and whatever Reeves is proposing to screw out of you for income tax, plus taxing unrealised gains on your house; and next on everything else. Perpetual stamp duties. Capital controls will be next to stop you leaving the country (last seen in the sixties).
If only the country could go to the dogs. They live better than this.
Hope you guys are enjoying the ride!
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!
UK gonna get taxed to death. They need a tea party.
I don’t know what some of this is but not good.
Ipso
The good thing so far is we might see stagflation, it’s not because of dollar crashing or hyperinflation that gold is going up so there will be some safety when gold or silver is much higher and can be cashed into dollars without losing value over night anyways.
Ferrett seems more logical to return their rejects back to there country. Using them as a excuse to take your rights away They don’t belong there and don’t deserve to be there. No matter if they don’t believe in God or not if all they know, evil is still evil.
ferrett
How hard is it to make a knife anyway? Crude? Who cares!
Slingblade anyone? 🙂
Exciting times indeed!
Otavio (Tavi) Costa
@TaviCosta
·
7h
Gold miners made this move a few weeks ago, and now junior silver miners are beginning to break out relative to the price of silver.
Although the metals themselves are still undervalued compared to the money supply and other financial assets, it’s important to note that in-ground mineral reserves remain historically underpriced — and they’re only now starting to attract attention.
Exciting times for those holding high-quality silver assets, in my view.
When your density is 19.3,
you ARE gravity.
Gold finally expressing its financial importance, the anchor, the centre around which everything else orbits.
{edit} I mean, it’s what we’ve been waiting for for decades. Gold to be recognised once more as the foundation of economic activity. The standard against which every other currency and commodity is measured. Rather than the USD being strong against a basket of currencies, or the pound weak compared to the dollar, or a stalk of celery, gold is coming back into its own.
More on knives. Or, moron knives.
I was in the auto spares shop, and there was a locked cabinet with knives in it (Off road camping type knives. Vicious, capable, business looking knives. When-you’ve-run-over-a-cow-and-you-need-to-cut-it-up-so-you-don’t-waste-the-meat type knives). “So,” I says to the guy behind the counter, “my sixteen y/o son couldn’t buy one of those?”.
“Certainly not.” he replies.
“Could he buy a Stanley knife to cut out fabric to make a new door card for his restoration project?”
“Probably not”.
“What about a paint scraper, that uses Stanley knife blades for scraping?”
“Ooooh yes” says he, cottoning on. “It’s not a knife, is it?”
“Set of screwdrivers?”
“What, nice new sharp ones that haven’t yet been used as chisels, levers, scrapers? No problem.”
“Chisels?”
“Not really in the spirit of things. Bit of a grey area. Sort of designed for stabbing, aren’t they?”
“Set of screwdrivers and a whetstone?”
“Sure! No problem.”
And after the guns, the knives.
You can’t buy knives in Oz without proof of age (proof of age today, proof of identity tomorrow). A mate and I arrived too late for staff at a motel, couldn’t find table knives, so bought some at the supermarket with the food. Alarms go off when I scan them, four table knives of the type that struggle with prime fillet steak, and the girl comes over. I explain that we need the knives to go on a stabbing rampage through Jindabyne later that evening; she looks at our lined, bearded faces (my mate looked very much like Santa), laughed and said that as we looked over 18, that was fine.
Cheers for an 18y/o with a sense of humour!!
(probably laughing at the concept of us on a rampage).
Maybe this can be a option for Canada and Europe.
A territory or country can vote to join another country, but the process is extremely complex and requires the approval of both parties. This voluntary union is called a consensual merger, and it differs from annexation, which internationally refers to the forcible seizure of territory and is illegal under modern international law.
If there is a certain amount that will include all the corrupt lawfares profiting off destroying that country a portion of the land can be kept in the countryside where the elitist have homes and move the people and the migrants to go with them. I have a feeling they will have a sudden change of mind. Id say heart but I don’t think they have one.
buygold
Re Oil
sell off today stinks end of month/quarter window dressing ….someone is always trying to make Oil look bad and the Oil stox…I was wondering if Green funds are short the Oil stox …in the sense the business is over/dead, according to their idiot minds…..
Though it could also be today,people gettig excited by peace in Gaza……which will last as long as it takes for a few worthwhile things to turn up, that the Pally’s can steal.
Buygold
Seems like it with oil but might need something more to trigger it which could be sudden like a hurricane. It’s good they haven’t had any this year and gone stupid woke haven’t helped all the people. They need to be investigated and tracked. They need a hurricane advocate number for people to call if they are not getting paid with the power to demand it and also investigate who it was that was not helping them.
The sellers in PMs taking profits off the table is still selling in strength, might slow gold down but not stop it as long as demand from big money and smart money move to safety is going on and certain countries don’t suddenly stop making war on their own citizens which seems to be the opposite and doubling down. It would not be organic. This isn’t just seasonal.
Citizens should be doubling down on pushing back. Maybe Trump could buy England and Canada. That would give them their civil rights back for free speech, due process, end non elected appointees, the right to bear arms, immediate cease of money to and deportation and arrest of criminal illegal migrants and borders closed and a lot of firing going on.
Oil got punched in the mouth
down near 4%. It has sort of stayed in a range between what, $60 – $66?
You’d think with all the things going on in the world oil would be getting more play.
Wondering if these shares, especially the large cap golds are starting to get tired. They are due for a pullback. Then again, so are the metals.
They’ve attacked the shares multiple times today
with some success, but they haven’t had a lot of success with the metals.
Not surprising. What is surprising is that gold has held $3800 with ease all day.